Government releases final risk reforms packageBY ALEX BURKE | MONDAY, 9 NOV 2015 12:00PMThe Government has released the final life insurance reforms package. Related News |
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AIA snags Acenda head of products
|AIA Australia has welcomed a new head of partnerships, who joined from Acenda after leaving the firm in March.
Praemium chief exits amid leadership renewal
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ASIC lifts stop orders against Remara
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|Brookfield-owned Oaktree has achieved its target fund raise of US$2 billion for its Asset-Backed Financial Fund.
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What a shame the Government has caved in again to the pressure of big industry vested interests. The commission debate with insurances should have been sorted years ago in the "best interests" of clients. Whilst ever a large part of the advice industry remuneration is commission-based it will never be considred a "profession". The lobby groups are more interested in the "value" af an adviser's business rather than the services that business should be offering to clients at a reasonable fee.